Volaris signs additional leases

Volaris has announced it has signed leases for eight additional A320neos. According to the airline, it is taking full advantage of the current market conditions, which feature favorable long-term leasing fees and competitors scaling down.

The airline is a large customer for the A320neo-family, having placed firm orders with Airbus for 70 A320neos and 40 A321neos. Volaris has also secured various lease-agreements with lessors for more A320/A321neos.

Currently, it has a fleet of three A319s, 39 A320s, 25 A320neos, ten A321s and six A321neos. Volaris was established in 2004 and launched flights in 2006. It operates three hubs at Guadalajara, Mexico City and Tijuana and also has Cancun, León and Monterrey as focus cities. In total the airline serves 85 destinations.

Photo by Airbus.